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Paypal Is Going To $300

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@rollandthomas
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PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide

PayPal last reported earnings on reported earnings on 11/2 and earnings soared past Wall Street estimates. This marks the second consecutive quarter of record-setting results for the company. This past quarter revenue was $5.46 billion, up 25% year over year. While profits or earnings per share were $0.86, operating cash flow grew to $4.61 billion, up 40% year over year.

But this quarter is going to even better as they now have a full three months where users were buying not only bitcoin, but ethereum, bitcoin cash and litecoin.

Look for Paypal to hit $300 before the end of the year.

https://www.coindesk.com/square-cash-app-bitcoin-q3-earnings

https://www.nasdaq.com/articles/voyager-digital-reports-75-revenue-rise-in-q4-cites-increased-crypto-adoption-2021-01-05

https://news.bitcoin.com/paypal-to-earn-2-billion-in-revenue-from-its-bitcoin-business-says-analyst/


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